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What does the story of Grandpa's pulping mean?

It means taking advantage of others. Grandson, grandpa paddle homonym is grandson, grandpa is finished. The original story is that an old man went boating with his grandson, and suddenly a big wave broke his paddle. Guess what the old man said? Yes: grandson, grandpa has finished rowing (grandson, grandpa has finished rowing). The expression of this story is that the storyteller takes advantage of the listener.